Member Info for Aaroon

Maybe i am over optimistic, but lemme know if the calculations seems wrong.
Here is the updated estimates from Ford, Note they have upgraded volumes twice, i will not be suprised if they do it again. From what i found out Ford with current orders are booked till early 2024, if they dont increase volumes
https://electrek.co/2022/01/04/ford-doubles-lightning-production-again-to-150000-units-per-year-by-2023-600k-bevs-annually-by-2024/

Glandore,

i did some calculations just for bluecruise

Ford has also shared a revised planned run rate of about 150,000 annual units by mid-2023. Not to be outdone, Ford has previously announced a tripling of production for its ever-popular Mustang Mach-E, expecting to reach over 200,000 units annually by 2023. That, combined with Ford’s upcoming all-electric E-Transit van, provides a lot of optimism for future EV production.
In fact, Ford’s anticipates its combined global BEV production will surpass 600,000 units per year in the next 24 months

Till May 2022, Mache numbers were close to 43000, while Ford Motor Company announced it delivered 201 units of the new F-150 Lightning all-electric pickup in May.
So F150 lightning numbers are still negligible.
According to Ford's May sales report, over 38,000 owners have activated BlueCruise in their vehicles thus far, and those users have racked up a combined 4.5 million miles with it activated, too.

My rough estimate is close to 88 percent of buyers opted for blue cruise.

https://www.goodcarbadcar.net/ford-mustang-mach-e-sales-figures/

i use 88% rate as the uptake rate for bluecruise

What’s the Fovio Xilinix priced by SEE? Somewhere in 20-25 dollars range.

Total MachE + F150 Lightning sales expected in 2023 is 150k + 200k = 350k

SEE revenue = 6Mill to 8.75 Mill( from MachE and F150 Lightning)

Note that Ford all electric E transit also includes driver drowsiness detection
https://www.inverse.com/innovation/ford-e-transit-range-price-specs-electric-cargo-van

If we take total BEV (not very sure ) as SEE Fovio Xilinx that’s 12Million to 15 Million range.

And that’s just blue cruise.

If indeed 2.5 million BMW cars now get SEE tech as default, seems reasonable to me that we breakeven by 2023.

Pretty obvious now that SEE is profitable by 2023

Very interesting observation from Safestocks.
Pinnacle Investestment (Randy Baron), holds stake in both Renalytix and Seeing Machines. if i remember correctly both of these are in the top 10 holdings of Pinnacle Investments.
Stiefel is the broker for both Seeing and Renalytix
In addition, at the Stefiel event, Randy Baron was present in person
https://www.linkedin.com/posts/nike-klara-aab0b039_stifel-stifeleurope-technology-activity-6945820051442733056-eVwu?utm_source=linkedin_share&utm_medium=member_desktop_web

There might be something here

I suspect they have hired an external vendor for engineering resources

GM UltraCruise it must be ! But they seriously project the low end of the estimated revenues

PMG just keep dropping one such RNS, every month

Lets hope so, pick up some more shares till the markets are ignorant

Wow that would be great news. VW could be locked in with SEE for the foreseeable future

Love this part
Seeing Machines has further addressed the difficulties associated with a movable mirror/camera combination through innovative vision based dynamic real-time detection and calibration techniques.

No doubt at all SEE is best positioned to deliver DMS. Compared to us SEYE is a joke lol. I hope they have managed to get the resources or will in coming months.
Well the problem like this is most desirable no doubt tells about the strong pipeline

You cannot just onboard 50 engineers from a partner in few weeks. Such an exercise takes months. I know this game managers play on spreadsheets. DMS engineering staffing is not that easy. Lets see i have some questions for PMG

True i dont know if they factored the cost already but if they pull off the execution PMG should get a few more million shares

Imho this is a serious failure of the management. Based on the cenkos report, I think seeing is looking for an additional 60 -85 engineers.
Bad planning and this will have impacts. Missed deadlines cost overruns and poor quality

I would easily 1.5 x time estimates

The bigger problem is to get the engineering resources. I know seeing is desperately trying to find engineers / other companies, but dont feel confident they will be able to ramp up successfully in the short time
And my previous experience with contract firms suggest the budget estimate is always incorrect.
They will spend much more than management initial estimates. Not looking too good on that front imho.

Frankly this is the only area of concern i had over the past year

i wonder given the amazon and stellantis deal for electric vans, and also the fact it will rumored to have driver monitoring, will Seeing DMS end up in amazon delivery vans from 2023

https://www.theverge.com/2022/1/5/22868283/amazon-stellantis-ram-promaster-electric-van-software-delivery
https://www.youtube.com/watch?v=qZnQZ_MCbH4

3 billion for fleet sounds reasonable but for the whole comp atleast 10

great news!! hope they all translate as a win for SEE

Now if SEE has investors like RB, who really are not bothered about the stock price, but instead hitting the targeted revenues, would PMG feel pressure to spend money on PR?

Indeed, Randy Baron and Pinnacle are invested in Seeing Machines, and for many years now.

Here RB discusses how, they are the first to get a call when companies need to raise capital. At 38.49 in the video, he discusses how Seeing machines, and Paul called them up for raising money for the development costs SM going to incur for F150. A call for 10 mins only!

https://www.youtube.com/watch?v=lDzJZcu6-7Q

And this why i don’t expect any cranking up the PR machine. We might be lucky if Mr Musk decides to buy SM DMS for tesla, but I wouldn’t be counting on that.